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Turkey's central bank has maintained its benchmark interest rate at 50% for the eighth consecutive month, signaling that a rate cut may be on the horizon due to a slowdown in inflation. The decision aligns with predictions from analysts surveyed by Bloomberg.
Turkey"s central bank is expected to maintain its main interest rate at 50% for the eighth consecutive month, with a potential shift towards easing as early as December. Economists anticipate that while the rate will remain unchanged, the accompanying statement may hint at an upcoming rate cut.
Turkey Central Bank
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turkey central bank maintains interest rate amid signs of potential cut
12:01 21.11.2024
turkey central bank likely to signal rate cuts after holding steady
13:01 20.11.2024
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